Blockchain.com is working to seek registrations in countries like Italy, France, Spain, The Netherlands and cities like Dubai. Blockchain.com, one of the oldest Bitcoin (BTC) infrastructure firms, is strengthening regulation and compliance efforts by securing registration in the Cayman Islands. The blockchain wallet and cryptocurrency exchange platform Blockchain.com is expanding operations in the Cayman Islands...Continue Reading
New amendments recently signed by the country’s president could bolster the energy grid refit while keeping overall prices relatively moderate. On July 11, the President of Kazakhstan, Kassym-Jomart Tokayev, signed new tax rates for crypto mining operators into law. While these amendments reflect the country’s growing frustration with the undertaxed and non-transparent usage of the...Continue Reading
The 200-week moving average is just one of a series of lines in the sand for Bitcoiners to keep their eye on this week. Bitcoin (BTC) is pressuring newly-won support levels this week as geopolitical uncertainty raises the stakes for risk assets. After an impressive monthly close, momentum appears to be waning for Bitcoin’s latest...Continue Reading
A new report reveals the Metaverse will have a market share surpassing $50 billion by 2026. A new report by technology research and advisory firm Technavio reveals an upward trend for the Metaverse within the next four years. The report titled “Metaverse Market in Finance by Component and Geography – Forecast and Analysis 2022-2026” analyzed...Continue Reading
Kim Kardashian’s lawyers filed a joint motion to dismiss the class-action complaint against the American businesswoman for promoting an alleged ‘pump and dump’ crypto token. Kim Kardashian’s legal team has filed a motion to set aside a class-action complaint aimed at the businesswoman and other American celebrities. Kardashian and a handful of other prominent American social media...Continue Reading
Sygnum debuted cryptocurrency staking about two years ago with Tezos staking, eventually expanding the service to ICP and Et2. Cryptocurrency-friendly bank Sygnum Bank continues expanding its crypto services by launching support for Cardano (ADA) staking. Sygnum announced on Tuesday that the firm has expanded its bank-grade staking offering with Cardano, allowing clients to generate rewards...Continue Reading
While Ethereum created history by taking over Bitcoin in the options market, the ETH futures contract entered price backwardation. Ether (ETH) has taken over Bitcoin (BTC) in the options market for the first time in history as the open interest (OI) of Deribit Ether options, with a value of $5.6 billion, exceeded the OI of...Continue Reading
The financial regulator admits it’s high time to shift the focus from the KYC/AML issues to more nuanced risks, poised by stablecoins. The Monetary Authority of Singapore (MAS), a city-state’s principal financial regulator, assesses the merits of a regulatory regime toward stablecoins. Current guidelines focus on Know Your Customer (KYC) and Anti-Money Laundering (AML) issues...Continue Reading
ECB’s interest in identifying the best cross-border payment solution stems from the fact that it serves as the central bank of the 19 European Union countries which have adopted the euro. A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned central bank digital currencies (CBDCs) as...Continue Reading
Although Bitcoin prices made a strong 15% recovery over the past week, metrics suggest more network demand would be needed to sustain further price increases. With several on-chain metrics for Bitcoin (BTC) still in a bearish range, a continuation of the recent price recovery will require increased demand and fees spent over the network, says...Continue Reading
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